|
The futures contracts of commodities
acts as a reliable, transparent and efficient price risk
management tool. Futures contracts helps
to hedge the price risks.
It benefits the market participants with price risk
management and better price discovery.
Future prices of commodities helps farmers and traders
to :
- To Cover Commodity Price Risk
- Protection from downside price
risk for futures sales of commodities/ produce
- Protection from upside price risk
for future purchases of commodities/ produce
- Protection from downside price
risk on stored commodity
The following information are made available :
|
Field Name |
Description |
|
Commodity
: |
Name of the
commodites that are getting traded in MCX |
|
Contract
Month : |
Futures
contracts of commodities are identified by its contracts.
Each of the contracts have an expiry date and month attached
to it. For eg Rubber 31 -MAR-2006 contract month refers to
the expiry of the said contract in the month of March
31, 2006
|
|
Open/High/
Low : |
- the
related prices of open price / high price and low price
achieved by the particular commodity contract on a
given particular day |
|
LTP(Last
Traded Price) : |
The last
price at which the contract has got traded |
|
PCP(Previous
Close Price) : |
Last
Previous days price of the contract |
|
% change |
Difference
between the last traded price and previous close price |
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